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Jan 16, 2013 9:00am EST
fins this year. what's interesting is obama is on the one hand saying the rich need to pay their fair share, but also raising more money from the wealthy in this inauguration than last time. last year he had a $50,000 cap on what you could contribute to the inauguration ball. this year he's asking for $250,000, up to $1 million from corporations to contribute to the fund-raising. >> for the event itself, what is the total budget? >> it's around $50 million. >> i remember in '09, how many balls were there, nine at least? >> yes. >> this year there are two. >> it's a much smaller event. some of the hotels in d.c. have interesting promotions. the madison hotel has four nights' stay at the presidential sweet, shopping tour and a dedicated social media butler. dedicated social media butler. this is someone who will follow you around and tweet, and pinterest, and facebook, all your events, as you go to all the balls. so that way when you're with the president, you do your -- rather than doing this, you know, you can say, jeeves please -- >> do you have to pay for him as well? >> $47,00
Jan 15, 2013 9:00am EST
falacious. i can't think that you know that there is anywhere near true. >> i think barack obama agreed with me, the debt ceiling is there for a reason. it forces us to have this discussion. if we didn't have it, we would blow through it like we did for many years. yes, we're doing it differently now. we're talking about the debt ceiling in term of ways to have a discussion and reduce spending. is that different than it has been over the last 30 years? yes, but thankfully so. maybe if we had these discussions for the last 30 years we wouldn't be looking at $6 trillion in debt. we've done it to ourselves but this is the future and perhaps rightly so until we get things straightened out. >> we'll keep a close eye. thanks for coming to the camera. >> thanks for having me. >> still, the cost of america's crumbling of infrastructure. we're back in a moment. >> announcer: this cnbc program is sponsored by audi, truth in engineering. [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ the street." i'm michelle caruso cabrera. a report just came out
Jan 14, 2013 9:00am EST
don't think they'll need to. we have this fight a year and a half ago and the taxpayers won and obama lost. we're going to have this fight again. obama wants to keep spending crazily. he wants to have more solyndras. the answer is no. and the only person who can default is obama. when we hit the debt ceiling they're not allowed to borrow anymore. you don't not pay your mortgage if you get a 10% cut in your salary. you reduce other things. you pay your debts first and then you deal with other spending. the president's tried to turn that upside down by saying he would cancel the debt. he can't do it. he won't do it. he's lying when he says that's what he will do. i think we have a conversation over the next two months reminding the american people that we will pay our debts but we won't pay obama's crazy overspending. >> the people are in charge. whether it's jack lew or tim geithner if you remember what happened at the end of 2011, it was an issue where you're going to be watching on tv that the soldiers that protect our freedom, are they going to get their check? soldiers that came ba
Search Results 0 to 2 of about 3